'Competition' definitions:

Definition of 'competition'

(from WordNet)
noun
A business relation in which two parties compete to gain customers; "business competition can be fiendish at times"
noun
An occasion on which a winner is selected from among two or more contestants [syn: contest, competition]
noun
The act of competing as for profit or a prize; "the teams were in fierce contention for first place" [syn: competition, contention, rivalry] [ant: cooperation]
noun
The contestant you hope to defeat; "he had respect for his rivals"; "he wanted to know what the competition was doing" [syn: rival, challenger, competitor, competition, contender]

Definition of 'Competition'

From: GCIDE
  • Competition \Com`pe*ti"tion\, n. [L. competition. See Compete.] The act of seeking, or endeavoring to gain, what another is endeavoring to gain at the same time; common strife for the same objects; strife for superiority; emulous contest; rivalry, as for approbation, for a prize, or as where two or more persons are engaged in the same business and each seeking patronage; -- followed by for before the object sought, and with before the person or thing competed with. [1913 Webster]
  • Competition to the crown there is none, nor can be. --Bacon. [1913 Webster]
  • A portrait, with which one of Titian's could not come in competition. --Dryden. [1913 Webster]
  • There is no competition but for the second place. --Dryden. [1913 Webster]
  • Where competition does not act at all there is complete monopoly. --A. T. Hadley.
  • Syn: Emulation; rivalry; rivalship; contest; struggle; contention; opposition; jealousy. See Emulation. [1913 Webster]